Heat Shrink Tubing Market Analysis

  • Report ID: 5685
  • Published Date: Sep 16, 2025
  • Report Format: PDF, PPT

Heat Shrink Tubing Market Segmentation:

Voltage Segment Analysis

The low segment in the heat shrink tubing market is estimated to gain a robust revenue share of 43% in the coming years. The premium cross-inked polyolefin material is used to make low-voltage shrinkable tubings which are extensively utilized in many different types of wire harnesses, solder connections, inductor insulation, metal pipes, corrosion, and rod rusting. One of the most popular low-voltage heat shrink tubings is the vinyl PVC insulating tape that is sturdy and sufficiently resistant to both high and low temperatures.

To successfully minimize human casualty accidents caused by exposed live parts, low-voltage heat shrink busbar insulation tubing can be widely utilized to insulate low-voltage switchgear busbars from damage, and can prevent short circuits and discharge faults brought on by tiny animals contacting wires.

In addition, a heat-shrinkable tubing with a medium wall can be used to insulate busbars in switches and is ideal for usage underground or around buried wires.

Material Segment Analysis

The polyolefin segment in the heat shrink tubing market is set to garner a notable share shortly. Popular cross-linked protective tubing with good mechanical and physical qualities is polyolefin resin heat shrink tubing which is a general-purpose, flexible heat shrink tubing that can be used for a wide range of applications, including military and professional electronics, and is designed to be split-resistant, and cold flow resistant.

Our in-depth analysis of the global heat shrink tubing market includes the following segments:

          Material

  • Polyolefin

  • Per Fluoroalkoxy Alkane (PFA)

  •  Poly Tetra Fluoro Ethylene (PTFE)

  • Ethylene Tetra Fluoro Ethylene (ETFE)

  •  Fluorinated Ethylene Propylene (FEP)

  • Polyether Ether Ketone (PEEK)

          Voltage

  • Low

  • Medium

  • High

          End-User

  • Utilities

  • IT and Telecommunication

  • Automotive

  •  Electronics

  •  Aerospace

  •  Healthcare

  •  Oil And Gas

  •  Marine

  •  Food And Beverages

  •  Construction

  •  Chemical

          Type

  • Single Wall

  •  Dual Wall

          Shrink Ratio

  • 2:01

  •  3:01

  •  4:01

  •  6:01

  •  1:01

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of heat shrink tubing is assessed at USD 2.96 billion.

The global heat shrink tubing market size surpassed USD 2.82 billion in 2025 and is projected to grow at a CAGR of around 5.6%, reaching USD 4.86 billion revenue by 2035.

Asia Pacific heat shrink tubing market is expected to capture 35% share by 2035, driven by the growing infrastructure development.

Key players in the market include TE Connectivity, Thermosleeve USA, Techflex, Inc., Dasheng Group, Shenzhen Woer Heat - Shrinkable Material Co., Ltd., Huizhou Guanghai Electronic Insulation Materials Co., Ltd., Alpha Wire, Zeus Industrial Products, Inc., Sumitomo Electric Industries, Ltd., Gunze Limited.
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